Since being acquired by TD Bank, the service has worsened and fees are higher. It isn't just that TD Bank gradually cut branch hours to being open only till 6:30 PM on weekdays and adding lots of fees. It also is far less. She was a TD Bank employee and went back into the teller area. So what appears to.

Mainframes are just one example of legacy IT systems banks would love to eliminate.. to the cloud, some technology experts predict it could cut IT costs by 75%.. 16 years in IBM's financial services research team said that banks can no. and resilient as anybody expects us to be including ourselves”.

No Stars for them but it won’t let me do none!!! I have given Bank of America chance after chance to get better. Their service is horrible and their changes are not to improve service they are to cut cost for them!! If you are thinking of opening an account think again about your choices.

Bank of America – cut 543 jobs in Fresno Bank of America – slashed 113 mortgage jobs in Dallas Bank of America – cut 1,320 jobs at Getzville, New York mortgage-servicing facility Bank of America – cut 469 jobs from Newark, NJ mortgage servicing center Bank of America – cut 57 mortgage assistance jobs in Rancho Cordova, CA

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Bank of America’s Corporate Social Responsibility Report. Our new management team started the year by setting an ambitious agenda: for Bank of America to become, and to be seen as, the world’s fnest fnancial services company. Central to that vision is our promise to be a purpose-

Chase offers no doc refis, principal reduction Roughly 169,000 borrowers nationwide have completed short sales through the mortgage settlement, which involves five banks — Ally, Bank of America, Citi, Chase. a principal reduction is worth more.

As B of A continues to wind down its Legacy Asset Servicing Unit, the bank vows not to eschew service. Prior to that, Bank of America had laid off more than 50 Legacy unit workers in California, as well as almost 470 in New Jersey.

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Bank of America to Mortgage Customers: We’re Here for You As B of A continues to wind down its Legacy Asset Servicing Unit, the bank vows not to eschew service. Amanda Alix

In a recent report from Moody’s Investor Service, the agency noted that "legacy and litigation costs have significantly eroded earnings and increased earnings volatility" at Bank of America and that the bank "suffered from significantly higher cumulative legacy and corporate costs relative to total earnings than its largest U.S. peers.